The farm and farmhouse

About Me

Hi! Im a wife in my low twenties, living on a farm in the Midwest. Just trying to make ends meet and save for our future as we remodel our old farmhouse, and stay out of debt.
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As of November 2018

Looking at the 2017 Goals

September 1st, 2017 at 08:00 am

As I look at the goals I set for 2017 I realize I am not going to complete anymore of them. That makes me sad but I also realize things change, and life can't always be planned. Goals are a good idea, even if they seem impossible because they give you something to work towards.

Our home remodel is way over our original budget. But it is coming along and I am hopeful we will be able to finish without surpassing our new budget.

I have been selling goats and continuing to add to the animal fund. I will make it to $2k, but I don't think I will continue to save after that. My feed bills were actually down this year, and I really just don't need the extra thousand in there. Which is a good thing! I've managed to pay for my food, and I will still have a buffer in the account in case something comes up.

The Roth goal is about 2/3s done, but at this point I think it is wiser to send our extra money towards paying house debt and put the Roth on the back burner this year.

Same with the car fund. We had money saved which we raided for the house. A car just seems unimportant compared to the house debt we have. I think our focus needs to be 100% on paying down the home remodel this year.

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We are leaving for our trip today. Should have enough money set aside to pay for everything with cash.

4 Responses to “Looking at the 2017 Goals”

I think it unwise to not do the Roth Goal. You cannot get years back from retirement savings. You can't go back in 5 years and say I have money for retirement now. The house should wait as long as you are paying it on schedule I think you need to focus on the retirement.

Although you may not reach all your goals, perhaps rethinking the Roth like LivingAlmostLarge says is something to bear in mind. Believe me, it may not seem like a big deal now, but when you get retirement age, you will be happy you put as much money in as you did.

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